Needed: a Spokesman

What's wrong with bankers? The biggest fault, said Allan Sproul, president
of New York's Federal Reserve Bank, is that bankers have failed to provide
any leadership in solving the social problems of today. They have been too
busy lobbying for or against things they thought were good or bad for
banking. It is time, Sproul told an audience of bankers in St. Louis last week,
for bankers to exchange "the role of pressure groups for the role of
banking statesmen." No one in banking speaks with a voice heard by the
public. "The...